Rishabh Instruments partners with ASPIRE-IITB Research Park Foundation to drive Innovation and Technological Advancement!

Rishabh Instruments Limited (the mother company of Lumel S.A.) is proud to announce its partnership with IIT Bombay Research Park Foundation-ASPIRE, marking a significant step towards fostering innovation and advancing technological frontiers. This collaboration underscores the company’s commitment to multi-dimensional growth, addressing evolving market needs, and leveraging the latest technological advancements.

By joining forces with IIT Bombay, one of India’s most prestigious academic and research institutions, Rishabh Instruments aims to engage in cutting-edge research and development initiatives. The partnership will encompass a range of student-driven projects and R&D activities, enabling the co-creation of pioneering solutions that will shape the future of the industry.

In today’s rapidly transforming industrial landscape, companies must embrace a multi-faceted approach to development. The integration of academia and industry expertise plays a crucial role in staying ahead of technological disruptions and meeting dynamic market demands. Through this strategic collaboration, Rishabh Instruments will gain access to IIT Bombay’s state-of-the-art research facilities, leading faculty members, and a vibrant ecosystem of young innovators.

This partnership is a testament to Rishabh Instruments’ vision of continuous progress and technological excellence. By establishing its sixth R&D Centre at IIT Bombay, the company strengthens its position as a leader in an innovation, reinforcing its ability to develop advanced solutions that drive efficiency and transformation across industries. 

Dinesh Musalekar, CEO and Executive Director - Rishabh Group of Companies, shared his enthusiasm about this collaboration: "We are extremely excited about setting up Rishabh Group’s sixth R&D Centre in the very heart of Indian technology, the IIT Bombay campus. It provides us with an excellent ecosystem and access to the best of the technical laboratories, the best of the professors, the best of the talent, and one of the best research environments available in the country and in the world. The purpose of this R&D Centre is to develop cutting-edge technologies and products to advance the limits of the industries we operate in As the global industrial landscape continues to evolve, partnerships like this serve as catalysts for breakthrough innovations. Rishabh Instruments remains committed to pushing the boundaries of what’s possible, ensuring that the company remains at the forefront of technological evolution."